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‘Bewildering’ lack of women in senior roles

A survey from Barclays Wealth claims that the glass ceiling must still be shattered when it comes to women holding senior roles in business.

The report points to the lack of female roles as “bewildering”, considering research organisation Catalyst’s findings that firms with senior female directors enjoying a 34 per cent higher return on equity than those without.

Although some 77 per cent of FTSE 100 and 89 per cent of S&P 500 companies have at least one female on their respective boards, women only account for 10.35 per cent of directorships in the FTSE 100 and only 16 per cent in the S&P 500.

Figures from the UK’s Equal Opportunities Commission claims it will take up to 60 years for women to hold an equal number of director positions.


Clause for thought

Insurance law The industry should produce its own solution to problems arising from non-disclosure rather than have an inflexible and inappropriate non-contestability clause imposed on policies, says Aegon Scottish Equitable head of underwriting Matt Rann.

Break in the system

The FSA’s decision to remove the requirement for the payment menu and initial disclosure document has provoked a strong response from many advisers. Nicole Blackmore reports.

Eq Life policyholders given fresh hope from Europe

Hopes grew last week that victims of the collapse of Equitable Life could finally receive compensation from the UK Government after a leading MEP involved in the critical European Parliament report suggested the European Commission may step in.

Palm reader

Unlike the major markets where well managed smaller company funds usually outperform bigger company funds, the Asia Pacific excluding Japan sector usually sees bigger company funds performing better. This sector performed very well in the first three months of this year but recently there has been quite a lot of profit-taking and the Hang Seng […]

Planning now for the residence nil-rate band

Graeme Robb, senior technical manager at Prudential, writes about the residence nil-rate band and the advice opportunities it presents for you when tax year-end planning with your clients. On our Planning Matters hub, we considered a widow, Margaret, and a married couple, John and Anne, for whom the residence nil-rate band (RNRB) is influencing planning […]


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